The link does not work anymore, it seems.
But I found extra pictures in the French teenage magazine "MonQuotidien" #4 269. Folding wings are for storage in a garage. Does someone know if it was roadable?
It is not roadable.
Main reason for wing folding is that you can put it on a trailer and bring it with you on vacation just like a SeaDoo.
Key engineers on the team are from Scaled Composites.
Significant delays in getting it FAA certified, they hope to have this completed late this year.